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$NOV 2Q16 interest and other financial cost expenses rose $5MM sequentially, mostly driven by incremental interest cost of approx. $2.5MM. This was attributable to a large capital lease booked in late 1Q16, as well as other charges $NOV does not expect to repeat. As a result, the company expects interest expense to be between $27-28MM for 3Q16.
$NFLX a monster move, going up. Expect making some money on Monday.
$AMD down more than 6% even after posting above consensus third quarter results.
$MCD stock rose more than 2% after it posted better than expected 3Q16 results, driven by global same-store sales growth. Meanwhile, earnings and revenue were lower than last year, hurt by refranchising efforts.
$RAI has received a $47 billion take over offer from British tobacco giant British American Tobacco! This is huge!